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Govt approves continuation of NLCPR scheme for North East till March 2020

Cabinet approves continuation of NLCPR scheme for North East till March 2020

Also approves introduction of new Scheme, NESIDS till March 2020

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the continuation of the existing Non Lapsable Central Pool of Resources (NLCPR) scheme with funding pattern of 90:10 till March, 2020 with an outlay of Rs.5300.00 crore. It would enable completion of ongoing projects.

Non-Lapsable Central Pool of Resources

The Non-Lapsable Central Pool of Resources (NLCPR) created in 1997–98 (operationalized in 1998–99) is the accrual of the unspent balance of the mandatory 10% budgetary allocation of the Ministries/Departments. The broad objectives of the NLCPR Scheme is to ensure speedy development of infrastructure by way of filling the existing infrastructural gaps (economic and social) in the region by making funds available from the pool.

The Union Cabinet also approved the introduction of new Central Sector Scheme of “North East Special Infrastructure Development Scheme” (NESIDS) from 2017-18 with 100% funding from the Central Government to fill up the gaps in creation of infrastructure in specified sectors till March, 2020.

Features of NESIDS:

The new scheme will broadly cover creation of infrastructure under following sectors:-

The assets to be created under the new scheme of NESIDS will not only strengthen health care and education facilities in the region but will also encourage tourism thereby the employment opportunities for local youth. The scheme will act as a catalyst in overall development of the region in the years to come.